Katapult Holdings Inc
For the period ended Dec 31, 2023. Filed Apr 24, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 24, 2024
KPLT$11.74+6.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(dollars in thousands, except per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (As Restated) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $21,408 | $65,430 |
| Restricted cash | 7,403 | 4,411 |
| Property held for lease, net of accumulated depreciation and impairment (Note 4) | 59,335 | 48,844 |
| Prepaid expenses and other current assets | 4,491 | 8,100 |
| Litigation insurance reimbursement receivable (Note 13) | 5,000 | — |
| Total current assets | 97,637 | 126,785 |
| Property and equipment, net (Note 5) | 327 | 557 |
| Security deposits | 91 | 91 |
| Capitalized software and intangible assets, net (Note 6) | 1,919 | 1,847 |
| Right-of-use assets (Note 9) | 888 | 772 |
| Total assets | $100,862 | $130,052 |
| LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $903 | $1,264 |
| Accrued liabilities (Note 7) | 24,146 | 19,246 |
| Accrued litigation settlement (Note 13) | 12,000 | — |
| Term loan (Note 8) | — | 25,000 |
| Unearned revenue | 4,949 | 4,183 |
| Lease liabilities (Note 9) | 297 | 382 |
| Total current liabilities | 42,295 | 50,075 |
| Revolving line of credit, net (Note 8) | 60,347 | 57,639 |
| Term loan, net, non-current (Note 8) | 25,503 | 23,057 |
| Other liabilities | 95 | 902 |
| Lease liabilities, non-current (Note 9) | 614 | 445 |
| Total liabilities | 128,854 | 132,118 |
| STOCKHOLDERS' (DEFICIT) EQUITY | ||
| Common stock, $.0001 par value-- 250,000,000 shares authorized; 4,072,713 and 3,943,423 shares issued and outstanding at December 31, 2023 and 2022, respectively | — | — |
| Additional paid-in capital | 94,544 | 83,804 |
| Accumulated deficit | (122,536) | (85,870) |
| Total stockholders' (deficit) equity | (27,992) | (2,066) |
| Total liabilities and stockholders' (deficit) equity | $100,862 | $130,052 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.